April 24, 2026

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Why My Administration Actuated Osun Security Fund Initiative-Gov Adeleke

Why My Administration Actuated Osun Security Fund Initiative-Gov Adeleke

Governor Ademola Adeleke of Osun State submitted on Thursday that the growing insecurity and public sector funding challenges at all levels of government made the activation of the state Security Trust Fund initiative imperative.

‘To show commitment on the part of the state government, Governor Adeleke announced a contribution of Three Hundred Million Naira (N300m) to the trust fund.

Billionaire philanthropist, who is also the governor’s elder brother, Dr. Deji Adeleke donated Five Hundred Million Naira (N500m) while several other people and organizations also announced donations.

The governor also used the occasion to announce plans to deploy and distribute refurbished Armoured Personnel Carriers and new patrol vehicles while declaring that his administration is determined to maintain Osun’s record as one of the most peaceful states in the country’ a statement made available to Team@orientactualmags.com by the governor’s spokesperson, Mr Olawale Rasheed noted on Thursday.

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Launching the security trust fund in Osogbo, the governor decried the abandonment of the trust fund initiative by the Oyetola administration while describing its implementation as ‘long overdue’.

According to the governor, several states in the country have established security trust funds, while Osun also started the process it was however abandoned by the immediate past Mr Gboyega Oyetola administration.

‘Our government decided to revive the initiative by updating the law and organizing the formal launch today. A security trust fund is a matter of necessity considering the security climate in Nigeria and Osun State.

We all know that Nigeria is facing security challenges. Yet, available public financing resources are limited. Governments at all levels then initiate public-private partnership to bridge the funding gap.

It is neither a political project nor a self-serving policy. This is a necessary policy to secure our people. Only an irresponsible government will abandon the PPP arrangement that is working so well in Lagos, Kaduna, River states among others. Ours is a responsible leadership with people-oriented innovations, policies and programmes.

This Fund is designed to provide sustainable funding for modern security infrastructure. Through this Fund, we will establish a modern Situation Room with real time CCTV surveillance. We will continue the provision of operational tools required by our security agencies’ he said.

The governor also appreciated all individuals, corporate organizations and stakeholders that have been contacted.

‘We appreciate your positive disposition. Today, I am inviting, for partnership, the private sector, financial institutions, development partners, professional bodies and all sons and daughters of Osun State.

As a trust fund regulated by law, I assure you of strict accountability, transparency and due process in the management of the trust fund’ the governor said.

Secretary to the State Government, who is also the deputy chairman of the trust fund, Hon Teslim Igbalaye congratulated the governor for actuating the Fund initiative that had its enabling law passed as far back as 2012 while several special guests also urged support for the initiative-Team@orientactualmags.com  Do you have any information you wish to share with us? Do you want us to cover your event or programme? Kindly send SMS to 08035023079,  08059100286, 09094171980 or get in touch via orientactualmag@gmail.com.  Thank you

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